Friday, November 11, 2011

Lucas Papademos - Profile

 

183rd Prime Minister of Greece
Designate

Taking office
11 November 2011

President
Karolos Papoulias

Succeeding
George Papandreou

Personal details

Born
11 October 1947 (1947-10-11) (age 64)
Athens, Greece

Political party
Independent

Spouse(s)
Sana Ingram

Residence
Psychiko, Athens, Greece

Alma mater
Massachusetts Institute of Technology

Profession
Professor
Economist

Vice President of the European Central Bank

In office
31 May 2002 – 31 December 2010

President
Wim Duisenberg
Jean-Claude Trichet

Preceded by
Christian Noyer

Succeeded by
Vítor Constâncio

Governor of the Bank of Greece

In office
26 October 1994 – 31 May 2002

Preceded by
Ioannis Boutos

Succeeded by
Nikolaos Garganas

Lucas Demetrios Papademos (Greek: Λουκάς Παπαδήμος, Greek pronunciation: [luˈkas papaˈðimos]; born 11 October 1947) is a Greek economist who was designated as Prime Minister of Greece in November 2011 heading an interim coalition government. Previously, he was Governor of the Bank of Greece from 1994 to 2002 and Vice President of the European Central Bank from 2002 to 2010. He was also a visiting professor of public policy at the Kennedy School of Government at Harvard University and a Senior Fellow at the Center for Financial Studies at the University of Frankfurt.

 

Education and career

Born in Athens, Papademos attended the Massachusetts Institute of Technology, gaining a degree in physics in 1970, a masters degree in electrical engineering in 1972, and a doctorate in economics, in 1978.

He followed an academic career at Columbia University where he taught economics from 1975 until 1984, and then at the University of Athens from 1988 to 1993.

He has served as Senior Economist at the Federal Reserve Bank of Boston in 1980. He joined the Bank of Greece in 1985 as Chief Economist, rising to Deputy Governor in 1993 and Governor in 1994. During his time as Governor of the national bank, Papademos was involved in Greece's transition from the drachma to the euro as its national currency.

After leaving the Bank of Greece in 2002, Papademos became the Vice President to Jean-Claude Trichet at the European Central Bank from 2002 to 2010. In 2010 he left that position to serve as an advisor to Prime Minister George Papandreou.

He has been a member of the Trilateral Commission since 1998.

He is a member of the Academy of Athens. He has published numerous articles in the fields of macroeconomic theory, the structure and functioning of financial markets, monetary analysis and policy as well as on subjects concerning the economic performance, financial stability and economic policy in the European Union.[5] He has also delivered addresses on the Greek debt crisis.

 

Prime Minister

Papademos was named Prime Minister of Greece on 10 November 2011 after the head of the governing party, George Papandreou, decided to step down, and allow a provisional coalition government to form with the task to take Greece out of a major political crisis caused by the country's debt crisis. It is unknown whether or not he will serve his term as an elected member of the Greek parliament.

References

  1. ^ https://www.ifk-cfs.de/index.php?id=1717&L=0#papademos
  2. ^ a b "Harvard Kennedy School"

    . Harvard Kennedy School. http://www.hks.harvard.edu/about/faculty-staff-directory/lucas-papademos

    . Retrieved 6 November 2011.

  3. ^ a b "Lucas Papademos: profile"

    . The Telegraph. 2011-11-03. http://www.telegraph.co.uk/finance/financialcrisis/8867331/Lucas-Papademos-profile.html

    . Retrieved 7 November 2011.

  4. ^ "Trilateral Commission Membership List"

    . The Trilateral Commission. http://www.trilateral.org/go.cfm?do=Page.View&pid=6

    . Retrieved 7 November 2011.

  5. ^ "Lucas Papademas"

    . Eurofi (www.eurofi.net). http://www.eurofi.net/Speakers/index.php?idspeak=34

    . Retrieved 7 November 2011.

  6. ^ "Video: The European Economic Crisis Seminar Series: The Case of Greece - Keynote"

    . Center for Strategic and International Studies. 11 April 2011. http://csis.org/multimedia/video-european-economic-crisis-seminar-series-case-greece-keynote

    . Retrieved 7 November 2011.

  7. ^ "Lucas Papademos named as new Greek prime minister"

    . BBC. http://www.bbc.co.uk/news/world-europe-15671354

    . Retrieved 10 November 2011.